Part of a series on economic recovery strategies and techniques for assessing, managing, and mitigating the impacts of economic decline resulting from plant closures, substantial layoffs, or plant relocation, this paper presents a model local leaders can use to analyze, plan, and organize activities. As a means of illustrating the kinds of impacts…

Although knowledge of how the population of an area is structured and how it is constantly changing will not solve problems created by the changes, it will provide a basis for understanding the needs of an area and for better program planning. Population processes that produce growth or decline in areas include natural increase, migration, and…

Presenting concepts generally applicable only to small rural regions or to local economies, this publication explains multipliers, shows how they are used in calculating impacts, and provides some criteria for determining whether a given multiplier can be used in a specific situation. Following a discussion of aggregate multipliers, which lump…

Rapid residential growth in rural areas or on the fringes of urban areas brings both costs and benefits. Seven factors determine whether new homes and subdivisions generate more revenues than expenditures. Local governments can substantially influence four of these seven factors in order to reduce the public costs of residential growth. Less…

The difficulties presently being faced by rural communities in the North Central Extension Region are well known. Many of these communities have economies which are closely tied to farming and therefore suffer economic hardship in direct relationship to those encountered by farmers. However, a dominant characteristic of communities in the region…